Momentum swinging? Possibly...8 Dec 2021 16:20
The goons and fantasy traders on other sites have us believe their pocket money positions has brought the sp crashing down. They believe their toy bows and arrows ( the ones with suckers on the end. In fact on both ends if you get my drift haha ) have brought the kingdoms walls tumbling down.
As If
as we know it’s been the heavy conversion of warrants. Not ideal but not a bad thing either. In fact sincere thanks for all ur faith and support and your money. Happy days all round.
Moving forward...
.2 warrant sellers clearly drying up, and, added to the anticipation of more news likely and a trading update early Jan ( if not before with a key milestone passed perhaps?) It feels like it’s ready to reverse. Maybe to around .55 where we should be mindful the .5 warrant holders will likely show some interest.
I’ll be incredibly happy with a sp in that region but it has to be said irrespective of sp the real value is in the hard work and vision of mgt. that value will out in the end. they are clearly incredibly busy pressing all the buttons they can to strike a real winning formula. Some early fruits now showing
The important bit..
It’s all about the direction of travel.
A monthly run rate of $83K+ and growing has been given and is now the benchmark for us to all measure their success.
I won’t be betting against them.
Early days, brilliant start, some more numbers please, when you’re ready.